Author: Everton Farias

CNN Money – 05/11/2024 at 14:04 Petrobras applied for licences from Ibama for drilling in the region, which were denied by the agency. The authorisation from Ibama (the Brazilian Institute of Environment and Renewable Natural Resources) for Petrobras to operate in oil exploration in the so-called Equatorial Margin (an area stretching from the coast of…

O Globo – 28/10/2024 19h47 This is the first time an area operated by the state-owned company in Brazil has reached such an amount of extracted oil. Platforms have been active in this region of the Santos Basin for 15 years. The main oil-producing field in the Santos Basin pre-salt region, Tupi, reached an unprecedented…

Reuters – October 24, 202410:13 PM  RIO DE JANEIRO, Oct 24 (Reuters) – Brazil state-run firm Petrobras (PETR4.SA), plans to bring oil production at its Tupi oil field back to 1 million barrels per day by 2027 as it plans new investments in the asset, its director for exploration and production said on Thursday. Located in deep…

Yinson Production – 21 Oct, 2024 Yinson Production is pleased to announce that FPSO Maria Quitéria has achieved first oil on 15 October 2024, followed by a successful 72-hour test. This marks the commencement of the project’s firm charter, with contracted day rates being paid to Yinson Production for a period of 22.5 years, until…

PPSA – 14th October 2024 Pré-Sal Petróleo (PPSA) will open a spot sale process on 30th October to market five oil cargoes from the Sépia field. The sale will be divided into two lots: the first with a cargo of 500,000 barrels, scheduled for loading in December 2024, and the second estimated at 2 million…

Bloomberg – 05/10/2024 06h15  Petrobras plans new seismic surveys, wells, and a platform for Tupi, but first needs to resolve a dispute with the ANP Petrobras (PETR3; PETR4) believes it is close to reaching an agreement with the industry regulator, which will allow it to advance with plans to revitalise a massive deepwater field that…

Reuters – September 16, 2024 – 6:17 PM RIO DE JANEIRO, Sept 16 (Reuters) – Petrobras’ (PETR4.SA) new multi-year strategic plan will have greater focus on upstream operations than the previous one, Chief Financial Officer Fernando Melgarejo said on Monday, as the Brazilian state-run firm looks to rebuild oil and gas reserves. Melgarejo told Reuters that the…

Agência Gov – 10/09/2024 11:55 State-owned company’s refining park reaches 95% utilisation rate and surpasses last year’s mark, with 76% of the processed oil coming from the pre-salt layer. In August, Petrobras set a new record for processing pre-salt oil at its refineries, reaching a level of 76% of the total load. This result surpassed…

ANP – 05/09/2024 10h38  With contract signings up until the end of August, the total has risen to 426 blocks, the largest number of areas in the exploration phase since 1998. With the signing of the majority of contracts associated with the 4th Cycle of the Permanent Concession Offer, the exploration phase now accounts for…

PPSA – 15 August 2024 The PPSA’s (Brazilian State’s Share of Pre Salt Crude Oil) monthly oil production reached a new record in June, hitting 71,000 barrels per day (bpd). This volume includes output from eight production sharing contracts (66,000 bpd) and the Production Individualisation Agreements (PIAs) for the uncontracted areas of Tupi and Atapu….